Background

Mr. Raymond L. Bank has been the President and Chief Operating Officer of Merchant Development Corporation, a venture capital and buy-out firm focusing on consumer retail, direct marketing, and service companies, since 1994. Mr. Bank has been President of Raymond L. Bank Associates, Inc., a consulting firm serving a diverse clientele in corporate development, retail, and direct marketing strategies, since 1991. He has been chairman of Baltimore Community Foundation Inc. ... since April 2012. He has been an Independent Director at Regency Centers Corporation, General Partner of Regency Centers LP since 1997. He serves as a Director of OfficeMax, Inc. Mr. Bank also serves as Treasurer and Trustee at Baltimore Community Foundation Inc.

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